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WDB ENGINEERING

Active
Private limited company (pre-2019)founded 2012active for 14 yearsBellemstraat 163, 9880 Aalter, BelgiumKBO/BCE: BE 0846.562.055
Summary

WDB ENGINEERING has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €150,545 and a net result of -€3,520. Equity is shrinking by about 6.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
€152,107total assets 2025
Equity
€150,545
Loss
-€3,520
Turnover not published (micro format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 1 day early0 of 1 deed read
Why 88raises riskNo main activity registeredlowers riskSize: total assets €152,107Founded in 2012Equity €150,545 (99.0% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.0% of total assets
Liquidity 64-1
short-term debt 1.0% · cash 11.6%
Profitability 16+9
return on assets -2.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.2 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity ample (current ratio 98.43, above the usual 1.5; short-term debt: 1% and cash: 11.6% of total assets), and 1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 61% on liquidity, 15% on profitability and 37% on growth.

The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €152,107
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €150,545 (99.0% of total assets)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€3,520
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
1 day early
2022
5 days early
2021
1 day late
2020
2 days late
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end18-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than doubledcurrent ratio 239.38

Financials · financial year 2025, micro format

Equity
€150,545▼ 2.3%
2024 · €154,065
Total assets
€152,107▼ 1.8%
2024 · €154,969
Net result
-€3,520▲ 75.9%
2024 · -€14,595
Working capital
€148,832▼ 1.4%
2024 · €150,879
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €3,546 in 2025 against €14,281 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,546 2025 Net result-€3,520 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€3,680-€23,390▲ 536%€51,592▲ 121%-€21,441-€14,573▲ 32.0%-€14,281▲ 2.0%-€3,546▲ 75.2%
Net result€1,304-€15,538▲ 1,091%€36,973▲ 138%-€21,941-€14,791▲ 32.6%-€14,595▲ 1.3%-€3,520▲ 75.9%
Equity€191,578-€207,115▲ 8.1%€244,088▲ 17.9%€183,451▼ 24.8%€168,660▼ 8.1%€154,065▼ 8.7%€150,545▼ 2.3%
Total assets€216,953-€236,192▲ 8.9%€257,064▲ 8.8%€185,749▼ 27.7%€170,697▼ 8.1%€154,969▼ 9.2%€152,107▼ 1.8%
Debt€25,375-€29,077▲ 14.6%€12,976▼ 55.4%€2,298▼ 82.3%€2,037▼ 11.4%€904▼ 55.6%€1,562▲ 72.7%
Working capital€185,424-€201,030▲ 8.4%€231,079▲ 14.9%€173,333▼ 25.0%€162,354▼ 6.3%€150,879▼ 7.1%€148,832▼ 1.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152,107
Fixed assets €1,747 ▼ 49.5%
Current assets €150,360 ▼ 0.8%
Equity and liabilities €152,107
Equity €150,545 ▼ 2.3%
Debt €1,562 ▲ 72.7%
Debt's share of the balance-sheet total rises from 0.6% to 1.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€1,835▲
2024 · -€11,432
Cash flow
-€1,809▲
2024 · -€11,746
Current ratio
98.43
Debt to equity
0.01▲
2024 · 0.01
ROE
-2.3%▲
2024 · -9.5%
ROA
-2.3%▲
2024 · -9.4%
Interest coverage
-6.95▲
2024 · -40.50
Debt ≤ 1 year
€1,528▲
2024 · €633
Income taxes
€129▼
2024 · €402
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€154,969€152,107▼
Fixed assets21/28€3,458€1,747▼
Tangible fixed assets22/27€3,458€1,747▼
Land and buildings22€802€692▼
Plant, machinery and equipment23€66€0▼
Furniture and vehicles24€2,590€1,055▼
Current assets29/58€151,511€150,360▼
Amounts receivable within one year40/41€131,884€132,360▲
Trade receivables40€125,522€125,522=
Other amounts receivable41€6,362€6,838▲
Cash at bank and in hand54/58€19,177€17,588▼
Deferred charges and accrued income490/1€450€412▼
Equity and liabilities
Total equity and liabilities10/49€154,969€152,107▼
Equity10/15€154,065€150,545▼
Contributions10/11€6,200€6,200=
Reserves13€199,192€199,192=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€197,332€197,332=
Profit (loss) carried forward14-€51,327-€54,847▼
Amounts payable17/49€904€1,562▲
Amounts payable within one year42/48€633€1,528▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€238€779▲
Suppliers440/4€238€779▲
Taxes, remuneration and social security45€395€749▲
Taxes450/3€395€749▲
Accrued charges and deferred income492/3€271€34▼
Income statement Code20242025
Non-recurring operating income76A-€6,787
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,849€1,711▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€1,039€1,212▲
Gross operating margin9900-€10,393-€624▲
Operating profit (loss)9901-€14,281-€3,546▲
Financial income75/76B€370€419▲
Recurring financial income75€370€419▲
Financial charges65/66B€282€264▼
Recurring financial charges65€282€264▼
Profit (loss) for the period before taxes9903-€14,193-€3,391▲
Income taxes67/77€402€129▼
Profit (loss) for the period9904-€14,595-€3,520▲
Profit (loss) for the period to be appropriated9905-€14,595-€3,520▲
Appropriation of the result
Profit (loss) to be appropriated9906-€51,327-€54,847▼
Profit (loss) brought forward from the previous period14P-€36,732-€51,327▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€6,787-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,111€1,513€2,763€3,902€3,811€2,849€1,711▼ 40.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€4,800-€1,200€0--
Other operating charges640/8---€1,025€1,150€1,039€1,212▲ 16.7%
Non-recurring operating charges66A---€109€0---
Gross operating margin9900€6,873€16,197€41,115-€21,204-€10,812-€10,393-€624▲ 94.0%
Operating profit (loss)9901€3,680€23,390€51,592-€21,441-€14,573-€14,281-€3,546▲ 75.2%
Financial income75/76B---€153€456€370€419▲ 13.1%
Recurring financial income75-€8€0€153€456€370€419▲ 13.1%
Financial charges65/66B---€282€289€282€264▼ 6.4%
Recurring financial charges65€1,037€838€370€282€289€282€264▼ 6.4%
Profit (loss) for the period before taxes9903€2,642€22,561€51,222-€21,570-€14,405-€14,193-€3,391▲ 76.1%
Income taxes67/77€1,338€7,023€14,250€370€386€402€129▼ 68.0%
Profit (loss) for the period9904€1,304€15,538€36,973-€21,941-€14,791-€14,595-€3,520▲ 75.9%
Profit (loss) for the period to be appropriated9905€1,304€15,538€36,973-€21,941-€14,791-€14,595-€3,520▲ 75.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€216,953€236,192€257,064€185,749€170,697€154,969€152,107▼ 1.8%
Fixed assets21/28€6,153€6,086€13,009€10,118€6,307€3,458€1,747▼ 49.5%
Tangible fixed assets22/27€6,153€6,086€13,009€10,118€6,307€3,458€1,747▼ 49.5%
Land and buildings22---€3,193€1,810€802€692▼ 13.8%
Plant, machinery and equipment23---€1,267€372€66€0▼ 100%
Furniture and vehicles24---€5,659€4,124€2,590€1,055▼ 59.2%
Current assets29/58€210,799€230,106€244,055€175,631€164,390€151,511€150,360▼ 0.8%
Amounts receivable within one year40/41€204,387€198,286€159,414€146,037€131,284€131,884€132,360▲ 0.4%
Trade receivables40---€140,620€125,522€125,522€125,522=
Other amounts receivable41---€5,417€5,762€6,362€6,838▲ 7.5%
Current investments50/53-€4€1,101-----
Cash at bank and in hand54/58€4,774€30,270€82,142€28,327€32,025€19,177€17,588▼ 8.3%
Deferred charges and accrued income490/1---€1,267€1,081€450€412▼ 8.5%
Equity and liabilities
Total equity and liabilities10/49€216,953€236,192€257,064€185,749€170,697€154,969€152,107▼ 1.8%
Equity10/15€191,578€207,115€244,088€183,451€168,660€154,065€150,545▼ 2.3%
Contributions10/11€6,200€0-€6,200€6,200€6,200€6,200=
Reserves13€185,378€200,915€237,888€199,192€199,192€199,192€199,192=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860=
Distributable reserves133---€197,332€197,332€197,332€197,332=
Profit (loss) carried forward14----€21,941-€36,732-€51,327-€54,847▼ 6.9%
Amounts payable17/49€25,375€29,077€12,976€2,298€2,037€904€1,562▲ 72.7%
Amounts payable within one year42/48€25,375€29,077€12,976€2,298€2,037€633€1,528▲ 141%
Financial debts43---€1€1€0--
Credit institutions430/8---€1€1€0--
Trade debts44€1,294€1,394€1,115€1,224€1,372€238€779▲ 227%
Suppliers440/4---€1,224€1,372€238€779▲ 227%
Taxes, remuneration and social security45---€1,072€663€395€749▲ 89.6%
Taxes450/3---€1,072€663€395€749▲ 89.6%
Other amounts payable47/48---€0----
Accrued charges and deferred income492/3-----€271€34▼ 87.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€1,304€15,538€36,973-€21,941-€14,791-€14,595-€3,520▲ 75.9%
+ Depreciation and write-downs630€2,111€1,513€2,763€3,902€3,811€2,849€1,711▼ 40.0%
Operating cash flow (approximation)€3,415€17,051€39,735-€18,038-€10,980-€11,746-€1,809▲ 84.6%
Investment in fixed assets (approximation)--€1,446-€9,686-€1,011€0€0€0-
Change in cash-€25,496€51,871-€53,814€3,698-€12,848-€1,589▲ 87.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 30-01-2026 2026-00020627
30-06-2024 micro format 31-01-2025 2025-00019000
30-06-2023 micro format 30-01-2024 2024-00011730
30-06-2022 micro format 26-01-2023 2023-00004253
30-06-2021 micro format 01-02-2022 2022-04200328
30-06-2020 micro format 02-02-2021 2021-04300340
30-06-2019 micro format 17-01-2020 2020-01500467
30-06-2018 micro format 20-02-2019 2019-05400428
30-06-2017 micro format 15-01-2018 2018-01400479
30-06-2016 abbreviated format 09-02-2017 2017-04200028

Show all 13 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

WDB ENGINEERING was incorporated on 11 June 2012.1 Total assets fell from €216,953 in 2019 to €152,107 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial Liquidity more than doubledcurrent ratio 239.38
Current ratio from 80.72 to 239.38; short-term debt falls from €2,037 to €633.
30-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
26-01
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
30-06
Financial Weakest financial yearnet -€21,941
Net result drops to -€21,941, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity more than quadruplescurrent ratio 76.44
Current ratio from 18.81 to 76.44; short-term debt falls from €12,976 to €2,298.
01-02
NBB filing Annual accounts filed
financial year 2021 · micro format · 1 day late
2021
30-06
Financial Highest result from 2019 to 2025net €36,973 ▲138%
Operating result €51,592, net result €36,973, both a record.
30-06
Financial Liquidity more than doubledcurrent ratio 18.81
Current ratio from 7.91 to 18.81; short-term debt falls from €29,077 to €12,976.
02-02
NBB filing Annual accounts filed
financial year 2020 · micro format · 2 days late
2020
30-06
Financial Equity above €200,000equity €207,115 ▲8.1%
A profit in every financial year since 2019 builds equity to €207,115.
Show earlier events
17-01
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
20-02
NBB filing Annual accounts filed
financial year 2018 · micro format · 20 days late
2018
15-01
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
09-02
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded11-06-2012
Financial year end30-06
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
E-invoicing
Reachable via Peppol
Peppol ID 0208:0846562055
Also 9925:BE0846562055
Registered 24-11-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
2,500 m²
Building footprint
158 m²
Building volume
821 m³
Parcel 44502C0228/00G000, Flanders · tallest building 9.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
WDB Engineering
Bellemstraat 163, 9880 AalterInstallation of industrial machinery and equipment
since 2012unit no. 2.210.431.050
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44502C0228/00G000 Flanders 2,500 m² 1 · 158 m² 9.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.